whether tds should be deducted on the basic tds rates or basic + edu.cess........
Menu
applicability of Edu. & hig. edu.cess on tds rates.
Replies (5)
From 01/10/2009 surcharge and education cess is to be applied only for TDS on Salary u/s 192..
Not only on salary payment but also if payment made to companies.
TDS has to be deducted only at basic rates for companies,firms,individuals,HUFs and Co-operative society.
TDS on salary to be deducted at slab rates as given u/s 192
Also no surcharge to be deducted u/s 192 as the same has been scrapped
please inform me to the percentage of TDS to be collected for a subcontractor (Gysum subcontract) before 1.10.2009 and after 1.10.2009
Recent Topics :
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
- Which Aviation Services Can Air Ticketing Professi
- Section 87A
- GST on Transport
- Which software to buy
- Property Selling and buying
- Office Management System
- Can I pursue articleship alongside a regular full-
Related Topics :
CAclubindia
